$295M Stericycle Price Increase Class Action Settlement

Class members of the Stericycle Price Increase Settlement includes “all persons and entities that, between March 8, 2003 through October 26, 2017 resided in the United States (except Washington and Alaska), were identified by Stericycle as a “Small Quantity” or “SQ” customer, and were charged and paid more than their Contractually Agreed Price for Stericycle’s medical waste disposal goods and services.”

The amount each Class Member can receive depends on several factors, including the amount by which your prices were increased and whether any discounts or price concessions were received. A detailed Plan of Allocation can be found here.

Note: Some current and former Stericycle customers may be included in the Class but, due to discounts, credits, or other price reductions may not be eligible to receive any monetary payment from the Settlement fund. Class members can check their estimated award

Proof of Purchase

Claimants must provide their Class Member No. and Control Notice from their Notice Postcard. If you did not receive a Notice Postcard but believe you should be included in the settlement, or if you need to update your address, you should contact the Settlement Administrator.

Claim Form

N/A: Class Member do not need to file a claim in order receive payment. If the Stericycle Price Increase Settlement is granted final approval, class members will automatically be mailed a check for their share of the settlement fund.

Stericycle Price Increase Settlement Notes

In re: Stericycle, Inc., Steri-Safe Contract Litigation

Case No. 13-C-5795, MDL No. 2455

Pending in the U.S. District Court for the Northern District of Illinois, Eastern Division

In March 2016, seven named plaintiffs brought this class action lawsuit challenging Stericycle’s alleged the medical waste disposal company did not honor fixed-price service contracts with its Small Quantity (SQ) customers.

According to the Court Documents posted on www.StericycleClassAction.com, Stericycle “systematically and regularly raised its prices, without any justification and without even notifying them it was doing so.” Instead, the plaintiffs content that Stericycle lied to customers that their rates were fixed, charging customers an 18 percent price increase automatically every 6 to 12 months.

The lawsuit goes on to allege that Stericycle knew these automatic price increases were wrong and went against customer service contracts as far back as 7 years, but continued to engage in this practice to generate more revenue. It was even alleged the company continued the purported price increase scheme after settling a False Claims Act case with the New York State Attorney General in 2012.

Stericycle denies it violated the law and denies that its pricing practices violated customer contracts. However, the company has agreed to settle claims in order to avoid further litigation, including a potential trial.

Under the terms of the Stericycle Price Increase Settlement, the company will pay $295 million to resolve all claims in the class action lawsuit. The settlement will be used to pay Class Members, settlement administration costs, attorneys’ fees, and court costs. Additionally, Stericycle has agreed to cease this alleged dishonest pricing practice for all Class Members still subject to this increases within 60 days of October 26, 2017 and has also agreed not to impose an annual price increase of more than a 6 percent of the Contractually Agreed Price for affected Class Members.

The Frequently Asked Questions section on the settlement website further summarizes the proposed Stericycle Price Increase Class Action Settlement and how payment to Class Members will be allocated. Complete details are provided in the Settlement Agreement. The Settlement Agreement and other related documents are available at www.StericycleClassAction.com.

Class members are not required to file a claim to receive payment and if the Court grants final approval to the settlement, a check will be mailed to you. However, Class members who wish to exclude themselves or object to the terms of the Stericycle Price Increase Settlement must do so by January 22, 2018.

Important Dates

1/22/18: Objection or Exclusion Deadline

2/23/18: Final Fairness Hearing at 9:15 am CT* (class members do not need to attend this hearing in order to receive a slice of the settlement pie).

*Settlement Class Members who wish to speak at the hearing should check www.StericycleClassAction.comto confirm that the date or time of the Hearing has not been changed.